Lukoil plans to invest 70 billion roubles for the development of oil fields in the NAD
Edited by Rhod Mackenzie / 2014-03-20 05:26:04
OJSC "LUKOIL" plans to spend 70 billion roubles for the development of oil fields in the Nenets Autonomous District (NAD) for the next three years, the district administration stated with reference to the company president Vagit Alekperov.
According to him, these investments will enable the introduction of the new fields. Already this year, the company intends to master the first 25 billion roubles of investments, including the increase in the South Hylchuy oilfield impact.